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THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET
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Answer Posted / manish goyal
The Debit balance of P&l comes in assets side of Balance
sheet. Debit Balance means expenses over the incoes (i.e.
loss).Loss is shown in Assets side of Balance sheet
| Is This Answer Correct ? | 20 Yes | 12 No |
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